The Pepe token has exhibited a bullish trend characterized by higher highs and a positive market sentiment. A whale recently transferred 333.9 billion PEPE tokens (equivalent to $3.98 million) from Binance, indicating significant activity within the market. Currently, Pepe boasts a market capitalization of $4.97 billion, with a circulating supply of 420 trillion tokens. The recent price movements of PEPE/USD portray a clear bullish pattern as evidenced by the higher highs and higher lows on the price chart. The majority of recent candlesticks are green, indicating a positive market sentiment and an upward price trajectory. The candles have longer bodies and short wicks, suggesting strong momentum in the upward direction. CoinGecko identifies a support level at $0.00001054, where the price consolidated before a breakout. The current price is testing an immediate resistance level just above $0.00001197. Additionally, recent whale activity involving a significant transfer of PEPE tokens by the address 0x06b from Binance adds to the bullish sentiment. The transfer of 333.9 billion tokens valued at $3.98 million highlights potential major transactions or trading activities influencing market sentiment and price movements. Such significant transfers often attract attention and can impact the token's market performance.